Post
Topic
Board Bitcoin Discussion
Re: Denmark consider taxing unrealized gain on bitcoin.
by
MeGold666
on 25/10/2024, 12:26:25 UTC
I'm 100% sure that everyone in Denmark is going to declare his crypto holdings to the authorities. There's no doubt about that. Grin

They will, ...

The problem is that the government already knows how much Bitcoin you hold, as the majority of it is acquired through KYC exchanges.
Unlike Monero, you can’t simply claim you lost it in a ‘boating accident’ - Bitcoin is easily traceable. If you say you've lost access to your Bitcoin, they could simply blacklist it and prosecute anyone who tries to use it and ban you from exchanges.